Are mortgage lenders maxed out? MBA survey shows refinances remain at 3-year high

Are mortgage lenders maxed out? MBA survey shows refinances remain at 3-year high
Do mortgage lenders have their hands full right now thanks to the recent surge in refinances? It looks like that may be the case, as new data from the Mortgage Bankers Association shows that refinances remained at three-year highs in the last week. According to the MBA report, approximately 63% of all the mortgage applications received in the last week were for refinances, the highest the refinance share has been in almost three years. 
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